Industry
OTTAWA – The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on Wednesday. Forecasters anticipate the central bank will raise its key interest rate, which is currently at 3.75 per cent, by either a quarter or half a […]
By Jason Contant | December 2, 2022
4 min read
Canadian insurers appear to be in a “pretty good place” when it comes to implementation of the upcoming IFRS 17 standard.
By Jason Contant | November 30, 2022
3 min read
A new, two-year supervision plan for health service providers (HSP) aims to protect consumers’ rights by delivering supervision and education to higher risk auto insurance HSPs, according to Ontario’s insurance regulator. Higher risk service providers are defined as those “more likely to either bill for services not provided, or bill for services that are not […]
By Alyssa DiSabatino | November 28, 2022
Nav Dhillon will join Aviva Canada as Chief Financial Officer, starting December 2022, the company announced Monday.
By David Gambrill | November 21, 2022
1 min read
OTTAWA – Canada won’t agree to add language calling for the phaseout of all fossil fuels – including oil and gas – to the final agreement at this year’s United Nations climate talks in Egypt, Environment Minister Steven Guilbeault said Thursday. The agreement from the UN conference in Scotland last year called for countries to […]
By Jason Contant | November 18, 2022
Amanda Dean, the Insurance Bureau of Canada's Atlantic vice-president, says insurance providers want to partner with the federal government on a program to cover those whose homes are now in harm's way as the climate changes.
By Alyssa DiSabatino | November 17, 2022
“Insurance is quite close to being a recession-proof business,” Saunders said as part of larger discussion on the recessionary environment.
By Jason Contant | November 16, 2022
James Bond, senior vice president and chief legal and governance officer at Wawanesa has been recognized as a Top 100 LGBT+ Executive. The award is part of the global list of Outstanding LGBT+ Executive Role Models supported by Yahoo Finance. “I don’t know of any other leaders across the industry at the senior vice president […]
By Alyssa DiSabatino | November 10, 2022
2 min read
Carol Jardine, winner of a national leadership award from the Insurance Institute of Canada, started her career in the insurance industry while she was studying chemical engineering technology at college. She was working at an insurance company while finishing her studies and intended to pursue a career in chemical engineering, but fell in love with […]
By Alyssa DiSabatino | November 8, 2022
The insurance landscape is in a state of rapid change. Brokers are experiencing a transformation that we can all agree is long overdue. Adopting new technology and optimizing operations can be painful and must be managed with strategy and proper direction. You can change technologies very quickly in the right circumstances, but altering the way […]
By Trevor Bunker, chief customer officer, Applied Systems | November 7, 2022
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